JXG, the parent company of the Janashakthi Group, a growing Sri Lankan financial conglomerate comprising First Capital Holdings PLC, Janashakthi Insurance PLC, and Janashakthi Finance PLC, has announced the launch of its Initial Public Offering (IPO) of LKR 5 billion. JXG is offering 500 million ordinary shares at LKR 10.00 per share, representing a 21.74% […]
Category: Business
Janashakthi Life and People’s Bank strengthen financial protection through bancassurance collaboration
Janashakthi Life, a leading name in the insurance industry and a flagship brand of JXG (Janashakthi Group), entered a strategic partnership with People’s Bank through the signing of a Memorandum of Understanding (MoU), strengthening bancassurance services in Sri Lanka. Through this collaboration, customers are now able to conveniently access a range of life insurance solutions […]
Mahindra ldeal Finance’s Rs 1 Bn Debut Debenture lssue Oversubscribed on day 1
Mahindra Ideal Finance Limited (MIFL) has announced the successful conclusion of its debut Rs 1 Billion debenture issue, which was oversubscribed on the first day of opening, marking a significant capital market milestone for one of Sri Lanka’s fastest-growing licensed Non-Banking Financial Institutions. The Issue comprised up to Ten Million (10,000,000) Tier 2, Listed, Rated, […]
Sampath Bank Champions SME Women Entrepreneurs Through the ‘Unstoppable Woman’ Programme
In recognition of International Women’s Day 2026, Sampath Bank hosted its Entrepreneur Development Programme under the theme ‘Unstoppable Woman’, bringing together SME women entrepreneurs for an evening centred on knowledge sharing, inspiration and practical business insights. Held at the Cinnamon Grand Colombo, the event welcomed over 100 participants alongside members of the Bank’s Board and […]
Sri Lanka Insurance Corporation General strengthens national health protection as Official Insurance Partner of Medicare 2026
Sri Lanka Insurance Corporation General Ltd. (SLICGL), the nation’s trusted insurer, continuing to champion the wellbeing of Sri Lankans, through accessible health protection, was the Official Insurance Partner of the Medicare 2026 Health Exhibition, held from 6 to 8 March 2026 at the BMICH, Colombo. Recognised as Sri Lanka’s largest and most credible healthcare and […]
Binance Academy Launches a Beginner-level On-Chain Analysis Course to Promote Crypto Safety
Binance Academy, leading blockchain education platform, has launched a beginner level on-chain analysis course to promote responsible digital asset adoption. In Web3, anyone can launch a token or deploy a smart contract, so it’s easy for scams and misleading claims to spread fast. On-chain analysis helps participants verify key details directly on the blockchain, from […]
Postponement of Sri Lanka Investment Forum 2026
The Board of Investment (BOI) of Sri Lanka wishes to inform our valued registered participants and all stakeholders that the Sri Lanka Investment forum 2026, scheduled for 30 March 2026, in collaboration with its partners—the European Union (EU), the Asian Development Bank (ADB), and the United Nations Economic and Social Commission for Asia and the […]
Wycherley International School celebrates 40 years with landmark coffee table book
Wycherley International School recently marked a major milestone with the launch of its 40th Anniversary Coffee Table Book, a celebration of four decades of vision, dedication, and educational excellence. “This book has been a personal dream of mine,” said Mr. Dayan Fernando, former Principal of Wycherley Colombo and now Coordinating Principal of Wycherley Schools and […]
CRIB together with IRCSL Leads Establishing a Centralised Insurance Data Repository to Transform Sri Lanka’s Insurance Sector
The Credit Information Bureau of Sri Lanka (CRIB), in collaboration with the Insurance Regulatory Commission of Sri Lanka (IRCSL), has marked a significant milestone in the country’s insurance sector with the signing of agreements to establish a Centralised Insurance Data Repository a first-of-its-kind national initiative to unify insurance industry data. Developed and managed by CRIB […]
Binance Enhances AI Agent Skills with Comprehensive Trading, Asset Management, and Market Intelligence Capabilities
Binance and Binance Wallet announced the launch and expansion of a comprehensive suite of AI Agent Skills, empowering any AI Agent with Binance-grade market intelligence, trading infrastructure, asset management, and security capabilities. Building on the initial 7 AI Agent Skills, Binance introduced 4 new advanced skills that extend Binance-grade capabilities into derivatives trading, margin trading, […]